An Addison-dependent homebuilder is ramping up its design to acquire advantage of North Texas’ soaring home gross sales sector.
Grenadier Households has been in company for extra than 25 several years and builds a selection of residential villas and townhomes.
The builder has doubled its range of communities in the last yr and strategies to raise income by 66% in 2021.
“Townhomes have constantly been our enthusiasm,” stated John Egnatis, co-founder and CEO of Grenadier Houses. “When we 1st began building, we concentrated on urban townhomes and mid-rises and then progressed to patio households, lakehouses and tailor made houses.”
Egnatis mentioned Grenadier Homes ideas to get started 300 houses this 12 months in Dallas-Fort Truly worth, starting up in price tag from the mid-$200,000s.
The builder has communities in McKinney, Grand Prairie, Garland, Prosper, Fairview and Woodbridge in Wylie.
Home starts in the D-FW location rose by 33% in 2020, with even further increases anticipated this calendar year.
Significantly of the housing demand has appear from very first-time buyers trying to get far more very affordable housing.
Grenadier Houses builds equally a single-tale and two-story properties that begin in measurement around 1,400 square toes.
“There is a motivation for one of a kind architecturally pleasing spaces without the need of possessing to buy a huge mansion and massive lot,” said Anthony Natale, president of Grenadier Properties. “Our strategy is centered on a much more European and city local community life-style. “